Video Solutions

9/14 Daily Question & Video Solution

9/14 Daily Question & Video Solution

9/13 - Daily Question & Video Solution

9/13 - Daily Question & Video Solution

9/12 - Daily Question & Video Solution

9/12 - Daily Question & Video Solution
   

9/11 - Instagram Post Solution

When she cuts the check on January 1, she'll debit an asset (prepaid expenses) and credit cash for $96,000. Then at the end of each month througho...

9/10 - Instagram Story Solutions

1. Rent cost is usually Variable; Fixed   2. Depreciation is an exact science True; False   3. Amortization is an exact science True; False   4. W...

9/10 - Instagram Post Solution

  You can solve this problem with common sense, but if you want to know the correct accounting terminology... The contribution margin per unit is ...

9/9 - Instagram Post Solution

This is a pretty hard one if you're a newcomer to accounting... The book value of equipment is equal to historical cost minus accumulated deprecia...

9/8 Instagram Post Solution

If the additional discount is for 30% of the original price, then the discount is equal to .30 * $1,500,000 = $450,000. That means that the final ...

9/7 Instagram Post Solution

It takes 3.5 hours for Tom to make the drive. If he leaves at 1:30 PM, he'll get there at 5:00 PM. It takes Lisa 12.25 hours to make the drive (3....

9/6 - Instagram Post Solution

15 lbs. of steel / 20 units = .75 lb. per unit .75 * $.25 * 100,000 = $18,750   10 lbs. of copper / 50 units = .20 lb. per unit .20 * $.30 * 100,0...

9/7 - Instagram Story Solutions

1. 3.5X = 12.25  X = 3.5   2. 3.5X = (12.25)^1 X = 3.5   3. 3.5X = (12.25)^0 X = 1/3.5   4. (3.5)^2 = 12.25X X = 1   Anything to the power of ^1 is...

9/5 - Instagram Story Solutions

1. Unearned revenue and deferred revenue are synonyms True; False   2. Unearned revenue is a liability True; False   3. Companies using the cash ba...